Opera browser has further blockchain plans

In July, Opera, the browser technology company added a builtin cryptocurrency wallet to its browser. It also listed on Nasdaq and simultaneously took $50m in investment from a Bitmain subsidiary. On Friday Opera announced it is partnering with Ledger Capital to grow its blockchain initiative. The browser company reaches 322 million people.

In a statement, the company says it’s planning to explore additional applications, use cases, and growth opportunities together with Ledger Capital.

“Having a crypto wallet in the browser brings the cash experience to the world of online payments,” said Charles Hamel, Product Lead of Opera’s crypto wallet. “Paying with the crypto wallet is like sending digital cash straight from your phone, and we’ve just made it easier. This opens up new possibilities for merchants and content creators alike.”

It appears the relationship with Ledger Capital is for Strategic Advisory. The firm has a wide range of services such as investment, investment banking, and crypto trading. It’s led by venture capitalists including Founding Partner Ding’an Fei who was previously a VP at New Enterprise Associates (NEA).

Ding’an Fei said, “We are looking forward to exploring the next steps in how Opera will leverage its massive ecosystem and technical competencies to create exponential value for its user base and the greater blockchain space”.